Word: otto
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...helicopter. Finally, last week, a man hired a helicopter at Mettetal Airport in Plymouth, Mich., and, once aloft, pulled a knife and ordered Pilot Richard Jackson to fly to the State Prison of Southern Michigan in Jackson. The pilot set down within the walls and took aboard Inmate Dale Otto Remling, 46, who was serving six to ten years for larceny. The pickup took five seconds, only half the time Bronson planned, and Remling and his unidentified rescuer had the pilot land four miles north of the prison and escaped by car. In life as in art, not all escapes...
...more months and will come down slowly after that. Most board members expect a peak of about 9.5%. Robert Nathan guesses that it could hit 10%-and predicts that the unemployment rate will not go below 8% any time next year. Other board members are slightly more optimistic; Otto Eckstein forecasts a jobless rate of 7.7% by the end of 1976. Even that would mean that after a year and a half of recovery, the unemployment rate would be as severe as it was at the bottom of the worst previous post-World War II recession...
...nation just as if TIME reporters had been there. After almost a year of exhaustive work, the 1776 issue is going to newsstands and subscribers this week - the first time in our history that two different issues have appeared simultaneously. Under the supervision of Senior Editor Otto Friedrich, a staff of 14 researchers headed by Nancy Williams culled mountains of memoirs, letters and contemporary news papers to amass some 1,600 pages of files, about 50% more than the amount sent by our correspondents for a regular issue of TIME. The design work for the issue, including illustrations drawn largely...
...meeting on record. "That was longer than Gone With the Wind," remarked Actress Joanne Woodward following a film tribute to her and Husband Paul Newman in Manhattan last week. The program, which featured clips from 27 movies by Woodward and Newman, attracted Actresses Shelley Winters and Myrna Loy, Director Otto Preminger and some 2,800 well-heeled fans who contributed up to $250 apiece for seats at the Film Society of Lincoln Center benefit. "It's really a celebration of celluloid," quipped Newman, who sported a beard he had grown for his title role in Robert Altman...
...difference remains that mainstream economists--as demonstrated in the April debate when Otto Fekstein bluntly asserted. "I believe in capitalism"--are still committed to the system: It's not that they are unable to reconcile their politics with their work, as was the radicalized Marglin in the late '60s. He thinks mainstream economists are inextricably bound to capitalism. "Their politics are quite consistent with their economics." Marglin say. Marglin doesn't think many economists were radicalized by the debate last month--"I didn't really expect to shake Otto's faith in capitalism," he laughs. But he does believe that...